Energy Transition, Renewables

January 29, 2025

Platts corrects USD/EUR Spot Forex and Latin America I-REC conversions to Euros for Jan 27

Platts, part of S&P Global Commodity Insights, has corrected the Jan. 27 USD/EUR Spot Forex 3:30 Mexico City assessment, as well as the conversions of its underlying I-REC assessments for Chile, Brazil and Mexico to Euros.

The assessments affected should be read as follows:

Assessment Symbol Corrected value
USD/EUR Spot Forex 3:30 Mexico City CAEUR00 0.953
I-REC Brazil Solar Current Year Eur/MWh ABRAC00 0.193
I-REC Brazil Solar Previous Year Eur/MWh ABRAF00 0.161
I-REC Brazil Wind Current Year Eur/MWh ABRAI00 0.193
I-REC Brazil Wind Previous Year Eur/MWh ABRAL00 0.161
I-REC Brazil Biomass Current Year Eur/MWh ABRAO00 0.161
I-REC Brazil Biomass Previous Year Eur/MWh ABRAR00 0.129
I-REC Brazil Hydro Previous Year Eur/MWh ACERI00 0.137
I-REC Brazil Hydro Current Year Eur/MWh ACERJ00 0.169
I-REC Chile Wind Previous Year Eur/MWh ACHLI00 0.61
I-REC Chile Wind Current Year Eur/MWh ACHLJ00 0.667
I-REC Chile Solar Previous Year Eur/MWh ACHLK00 0.61
I-REC Chile Solar Current Year Eur/MWh ACHLL00 0.667
I-REC Chile Hydro Previous Year Eur/MWh ACHLM00 0.61
I-REC Chile Hydro Current Year Eur/MWh ACHLN00 0.667
I-REC Chile Biomass Previous Year Eur/MWh ACHLO00 0.61
I-REC Chile Biomass Current Year Eur/MWh ACHLP00 0.667
I-REC Mexico Wind Previous Year Eur/MWh AMEXI00 2.907
I-REC Mexico Wind Current Year Eur/MWh AMEXJ00 2.907
I-REC Mexico Solar Previous Year Eur/MWh AMEXK00 2.907
I-REC Mexico Solar Current Year Eur/MWh AMEXL00 2.907
I-REC Mexico Hydro Previous Year Eur/MWh AMEXM00 2.907
I-REC Mexico Hydro Current Year Eur/MWh AMEXN00 2.907
I-REC Mexico Biomass Previous Year Eur/MWh AMEXO00 2.907
I-REC Mexico Biomass Current Year Eur/MWh AMEXP00 2.907

The USD/EUR Spot Forex 3:30 Mexico City assessment serves to convert Chile, Brazil and Mexico I-REC prices from local currencies and USD to EUR prices. These assessments are published in REC Daily, Megawatt Daily as well as on fixed pages CLE3208, ETA6100, EVA3000.

For comments and questions, please contact global_renewables@spglobal.com and pricegroup@spglobal.com.